Cave Creek AZ Real Estate Market Trends & Home Values

Cave Creek

Cave Creek, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 525 transactions over the past year in Cave Creek. The median value for residential home transactions that occurred over the previous year is $1,067,773. The number of current listings in Cave Creek is 12, and the percentage of properties for sale in the city is 12.00%. Cave Creek, AZ currently has 9 properties in foreclosure, 0 bank owned properties, 9 properties headed for auction, and 12 properties for sale.

Cave Creek, AZ Real Estate Market Overview

Zip	Median Est. Value
85331	$ 1,067,773 $ 352/sqft

Zip

Median Est. Value

85331

$ 1,067,773

$ 352/sqft

Housing Market Summary for Cave Creek, AZ

	Dec 2023	November 2024	Change
Median Listing Price	$975K	$1.1M	14.23%
Median Sold Price	$807.8K	$794.8K	-1.61%
Homes For Sale	5	12	140.00%
Homes Sold	554	458	-17.33%

Price

$/Sqft

Homes For Sale

0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0

Recently Sold Homes

Explore recent offers and recently sold homes in Cave Creek, AZ

Recently Sold

5741 E Rancho Tierra Dr, Cave Creek, AZ 85331

N Dove Lakes Dr Unit 2036, Cave Creek, AZ 85331

Recently Sold

$429,576

Sold Price

2 baths

1,402 sqft

1,317 sqft lot

33575 N Dove Lakes Dr Unit 2036, Cave Creek, AZ 85331

Recently Sold

$879,200

Sold Price

3 baths

2,093 sqft

4,590 sqft lot

38500 N School House Rd, Cave Creek, AZ 85331

Browse Homes in Cave Creek, AZ

Cave Creek home values range from $34,290 to $5,715,600. The median estimated value of a home in Cave Creek is $1,067,773. The median list price of a home is 1,113,750, and the total count of properties in the city is 485.

Foreclosure

There is 1 zips within Cave Creek, AZ; within this zips, the median estimated home value for homes in foreclosure ranges from $1,664,884 in 85331 to the lowest value of $347,391 in 85331. Foreclosure homes account for 1.00% of properties in Cave Creek, AZ with 85331 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.

Pre-Foreclosure
Pre-foreclosure homes account for 0% of all residential properties in Cave Creek, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cave Creek, AZ; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
Bank Owned
The median estimated home value of bank owned homes (REO properties) in Cave Creek, AZ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cave Creek, AZ. There is 1 zips within Cave Creek, AZ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
Auctions
85331 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Cave Creek, AZ. Auction homes and other auction properties account for 1.86% of all properties in Cave Creek, AZ. There is 1 zips within Cave Creek, AZ; of that zips, the median estimated home value for homes going to auction ranges from $1,664,884 in 85331 to the lowest value of $347,391 in 85331.

Homes for Sale

Homes and properties that are actively listed for sale account for 2.47% of residential properties in Cave Creek, AZ with 85331 containing 12 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Cave Creek, AZ; homes for sale in that zips, have a range of median values from $2,483,165 in 85331 to the lowest value of $559,000 in 85331.

Sold Homes

The median value for recently sold homes ranges from $5,715,600 in 85331 to the lowest price of $34,290 in 85331. There is 1 zips within Cave Creek, AZ. 85331 has 455 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 93.81% of properties in Cave Creek, AZ.

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